Economy

Beijing outraged – US extends sanctions against Huawei again

According to insiders, American companies will hardly be allowed to supply goods to the Chinese telecom supplier Huawei in the future. The previous...

Eurozone avoids recession after growing 0.1% in late 2022

Despite a moderation in growth in the last quarter, the region's economy grew by 3.6% for the full year Supply crisis, war in Ukraine,...

The Euribor rebounds to 3.3% and further increases the revision of mortgages

The index is at its highest level since the end of 2008 and makes variable home loans more than 200 euros more expensive per...

Animal welfare more important – Austrians “fly” to regional food

Many consumers in Austria pay attention to regionally produced food when shopping. For about a fifth of those surveyed, locality is the most...

Economic Downturn – Samsung’s profits fell 69 percent

Electronics giant Samsung sensed the weakness of the global economy in the fourth quarter of 2022. Earnings from ordinary operations fell 69 percent year-on-year...

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